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Allora, a decentralized AI inference service platform, has successfully raised $35 million in a funding round led by PolyChain and Framework. The platform enables users to pay AI agents for services such as price prediction, strategy optimization, and risk assessment. By aggregating outputs from 280,000 nodes, Allora rewards accurate models with higher weights and tokens, while penalizing those that are inaccurate. The platform focuses on two primary applications: DeFAI for on-chain transaction decisions and prediction markets for improved forecasting. Despite its potential, Allora remains in the early stages with a limited number of models and data available.

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